Sony Announced tonight that it will purchase the Bungie, The development studio and creator of Destiny And the original studio behind Halo Microsoft’s exclusive. The deal is reportedly worth $ 3.6 billion.
Following the closing of the transaction, Bungie will function as an independent subsidiary of Sony Studio will be managed by a board of directors that will include the current CEO Pete Parsons And the rest of his existing management team. Parsons said: “With Sony’s support, the most immediate change you will see is accelerating the recruitment of talent throughout the studio to support our ambitious vision.”
Bungie is joining PlayStation.
Here’s what to expect from this exciting news: https://t.co/s1L3PhQ9vK pic.twitter.com/0R1qhnEDKk
— PlayStation (@PlayStation) January 31, 2022
Jim Ryan, Sony CEO, said in a statement, “This is an important step in our strategy to extend the PlayStation’s reach to a much wider audience. We understand how vital the bungee community is to the studio and look forward to supporting them as they remain independent and continue to grow. “
This is another huge deal lately in a series of mergers and acquisitions in the gaming industry. Although the deal must have been in the works for some time, it’s hard not to see it in the context of Activision Blizzard’s recent Microsoft acquisition. Although the $ 70 billion deal is the largest, the acquisition of Zynga’s Take-Two for about $ 13 billion is something to keep in mind that gives another example of the purchasing trend that has characterized the gaming industry in recent years.
This is Sony’s sixth acquisition in the last two years, although most of its studio acquisitions have been studios with a long history under the Sony and PlayStation environment. Studios such as BluePoint and Housemarque or support teams and expert studios like Nixxes and Valkyrie Entertainment. Similar to Activision’s Voice of Duty series, Destiny 2 is also played between the PlayStation, Xbox and PC, and Bungee also hopes to remain a company that will release titles for all platforms. We are waiting for the announcement